Moving Average Channel plots separate simple moving averages for upper and lower bands on the price chart. It fills the space between bands with semi-transparent color and colors bars green above the upper band, red below the lower band, or gray in between. Us
Indicator · Pine Script v6 · On the chart
Midpoint (MIDPOINT)
This indicator plots the midpoint between the highest and lowest values of a chosen source over a lookback window.
GitHub stars47on the repository
Pine versionv6current
Lines of code28
Settings2inputs
LicenceMIT
Last update8 months ago28 Feb 2026
Add It to Your TradingView Chart
- 1Copy the scriptPress Copy script above, or the copy button on the code below.
- 2Open the Pine EditorOpen a TradingView chart and choose Pine Editor at the bottom of the screen.
- 3Paste over the templateCreate a new indicator, select all of the template text and paste. Press Save and give it a name.
- 4Add it to the chartPress Add to chart, then adjust the settings with the gear icon next to its name.
Source Code
28 lines of Pine Script v6 from indicators/core/midpoint.pine, published under MIT. Keep the author's credit and licence lines when you reuse it.
// The MIT License (MIT)
// © mihakralj
//@version=6
indicator("Midpoint (MIDPOINT)", "MIDPOINT", overlay=true)
//@function Calculates the midpoint of the highest high and lowest low over a specified period
//@param src Source series to calculate midpoint for
//@param len Lookback period for finding highest and lowest values
//@returns float The midpoint value (highest + lowest) * 0.5 over the period
//@optimized Uses multiplication instead of division for performance
midpoint(series float src, simple int len) =>
if len <= 0
runtime.error("Length must be greater than 0")
float highest_val = ta.highest(src, len)
float lowest_val = ta.lowest(src, len)
(highest_val + lowest_val) * 0.5
// ---------- Main loop ----------
// Inputs
i_source = input.source(close, "Source")
i_length = input.int(14, "Length", minval=1)
// Calculation
result = midpoint(i_source, i_length)
// Plot
plot(result, "Midpoint", color=color.yellow, linewidth=2)
Overview
Midpoint (MIDPOINT) uses TradingView highest and lowest functions, then averages them with multiplication by one half. The source input selects the series, defaulting to close, and the length input sets the lookback, defaulting to 14. A length of zero or less raises a runtime error. The result is drawn as a yellow line on the price chart. It does not generate entries, exits, or stops.
- Highest and lowest midpoint
- Configurable source and length
- Yellow overlay line
- Runtime error for invalid length
Details
Published by
mihakralj on GitHub
Type
Indicator, Pine Script v6
Draws
On the price chart
Category
Support & resistance
Markets
Any symbol
Timeframes
Any timeframe
Risk Notes
No repainting, lookahead or stacked entries were found in its code or README. That says nothing about how well it works: test it first.
Topics
pinescriptpinescript-indicatorstechnical-analysistradingview-indicators
Settings
The inputs you can change from the gear icon on the chart. Defaults are the author's.
| Setting | Type | Default | Variable |
|---|---|---|---|
| Source | source | close | i_source |
| Length | int | 14 | i_length |
Third-party code. ForexR did not write, test or endorse this script, and the summary above was generated automatically from its code and README. Indicators describe the past, and a strategy's backtest can look better than live trading, especially when a script repaints. Check it in the Strategy Tester and on a demo account before you rely on it.
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